Alaska Statutes (Last Updated: January 11, 2017) |
Title 45. TRADE AND COMMERCE. |
Chapter 45.08. INVESTMENT SECURITIES. |
Article 45.08.01. SHORT TITLE AND GENERAL MATTERS. |
Section 45.08.113. Statute of frauds inapplicable.
Latest version.
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A contract or modification of a contract for the sale or purchase of a security is enforceable whether or not there is a writing signed or record authenticated by a party against whom enforcement is sought, even if the contract or modification is not capable of performance within one year of its making.
Notes
History
(Sec. 12 ch 17 SLA 1996)